SMBK Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026	Q4 '25 31.12.2025
Market & Enterprise Value
Market Cap	855.27M EUR	802.26M EUR	668.21M EUR	629.91M EUR
Enterprise Value	587.15M EUR	527.39M EUR	427.82M EUR	276.99M EUR
Valuation Multiples
Trailing P/E	14.76x	13.98x	12.66x	16.11x
Forward P/E	11.95x	--	--	--
Price to Sales	4.19x	3.82x	3.28x	4.21x
Price to Book	1.48x	1.39x	1.19x	1.14x
EV/Revenue	2.88x	2.51x	2.1x	1.85x
EV/EBITDA	--	--	--	--
Price to FCF (P/FCF)	--	12.28x	11.9x	13.7x
EV/FCF	--	8.07x	7.62x	6.02x
FCF Yield	--	8.15%	8.4%	7.3%